• On April 25, 2017, the Pennsyl...

On April 25, 2017, the Pennsylvania State Real Estate Commission accepted the permanent voluntarily surrender of Property Management Concepts Inc, d.b.a. JMH Realty Concepts Inc., license no. RB048990C, of Philadelphia, Philadelphia County, to practice as a real estate broker in the Commonwealth of Pennsylvania because it failed to adequately supervise the activities of their licensed salespersons within the scope of the law; failed to deposit money maintained by the broker as required by the Commission; misappropriated money that is required to be held in escrow for business, personal or other purposes; failed to deposit rents received into a rental management account that is separate from the broker's escrow accounts and general business accounts; failed to exercise reasonable professional skill and care; and failed to deal honestly and in good faith.

Ref# 0003317598-01
PostedMay 11, 2017